Air Travel
JetBlue Founder Raising Funds for New U.S. Airline, Report Says
- David Neeleman wants to begin flying low-cost carrier in 2020
- Orders have been placed with Bombardier for 60 CS300 jets
After a decade of industry consolidation, David Neeleman, one of aviation’s famed entrepreneurs, sees room for a new low-cost U.S. airline focused on reducing travel hassles by using smaller airports, according to two industry reports.
The proposed airline, currently dubbed Moxy Airways, has secured orders for 60 CS300 aircraft from Canada’s Bombardier Inc., and is raising $100 million to begin flying in 2020, Airline Weekly reported late Sunday, citing people familiar with the matter.